As shown in the chart we have a few confirmations shown that the SELL off period should continue for a little while longer whilst the price sorts itself out.
NFP is tomorrow, so you can expect things to change depending on the news. This being though, we are technically supporting the US Dollar when selling this pair, which works well with odds on NFP.
ENTRY - Around now, or maybe later when the retrace has completed. If entering now i would recommend a loose stop loss and potentially a second entry around the right entry time if you can.
NFP is tomorrow, so you can expect things to change depending on the news. This being though, we are technically supporting the US Dollar when selling this pair, which works well with odds on NFP.
ENTRY - Around now, or maybe later when the retrace has completed. If entering now i would recommend a loose stop loss and potentially a second entry around the right entry time if you can.